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To: TigerLikesRooster

Nice business model. Take in premiums, refuse to pay out.


5 posted on 06/22/2008 7:10:56 PM PDT by NativeNewYorker (Freepin' Jew Boy)
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To: NativeNewYorker
By saying that paying out would bring down the financial system.:-)

They do 'own the banks', don't they? :-)

6 posted on 06/22/2008 7:24:07 PM PDT by TigerLikesRooster (kim jong-il, chia head, ppogri, In Grim Reaper we trust)
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To: NativeNewYorker

Not exactly.

Take in premiums. Wait until something bad happens, but no one knows how bad. Make an offer to settle now at a fixed price.


7 posted on 06/22/2008 7:32:42 PM PDT by proxy_user
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